As we approach the end of the year, it is evident that fifth-generation (5G) wireless networks have gained critical mass in 2020, despite the impact of the novel coronavirus pandemic. Sales of smartphones compatible with the latest networking technology have increased at a terrific pace this year, while carriers continue to roll out 5G into more markets.
Not surprisingly, the Defiance 5G Next Gen Connectivity ETF (NYSEMKT: FIVG) , which is composed of companies engaged in the rollout of 5G networks and tracks the BlueStar 5G Communications Index, has outperformed the broader market in 2020.
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These 5G Stocks Could Be Surefire Winners in 2021